701 S Main Street, Lapel, IN 46051
  • $249,900
  • $249,900

Description

Own a piece of local history with this well-established diner, a community favorite known for its welcoming atmosphere and steady business. The property includes not only the fully operational restaurant but also a spacious two-bedroom, one-bath apartment upstairs-perfect for an owner-operator or rental income. Next to the diner sits a commercially zoned cabin, ready to be transformed into a retail shop, coffee house, boutique, or office-the possibilities are endless. With high visibility and steady traffic, this property offers a unique blend of business and residential opportunity all in one. Whether you’re looking to expand your investment portfolio, run your own restaurant, or develop multiple income streams, this property provides unmatched potential.

  • Address: 701 S Main Street
  • City: Lapel
  • State/county: IN
  • Zip/Postal Code: 46051

Details

Updated on November 21, 2025 at 6:32 pm
  • Property ID 22063269
  • Price $249,900
  • Property Size 2148 Sqft
  • Land Area 0.4 Acres
  • Garage Size x x
  • Year Built 1900
  • Property Type Business, Commercial Sale
  • Property Status Closed

Additional details

  • Utilities Electricity Connected,Natural Gas Available,Water Connected
  • County Madison
  • Property Type Commercial Sale
  • Parking On Street
  • Middle School Lapel Middle School

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Preeti Chaggar

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